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Which of the following statements is correct? A. A loan cannot be obtained in the name of the partnership. B. The lifespan of a partnership

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Which of the following statements is correct? A. A loan cannot be obtained in the name of the partnership. B. The lifespan of a partnership is perpetual. C. A partnership business is liable for its own taxes on the profits earned. D. The liability of the partners for the debts of the partnership is limited to the amounts invested by each partner

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